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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (623)	10/1/1998 4:42:00 PM
From: Sleeperz	Respond to of 4467

Gold is doing the opposite of the market. Gold UP market Down. So I suspect by the end of OCT window dressing by the funds and individual tax loss selling. Gold has some room to go up. But if Friday is bad and Monday is Bad the market may selloff enough that it will start going back up until earnings are released. I suspect the market will rally into earnings by Intel and Msft. Thing to watch is mutal fund redemptions, might pickup over the weekend hence the black monday. I saw an alert that 79% of SCUDDER Spain and Portugal investers want to sell. So if its painful there will be selling by fund holders and the funds will have to sell to meet these redemptions. Which usually marks the bottom of the market. CL PS when I sold them TIPs last Tuesday I shoulda bought some PUTS. shoulda woulda coulda >>> Hi CR. I'm thinkin that maybe this gold rally is going to hold, any opinion?<<<